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Better trade for sustainable development: the role of voluntary sustainability standards [1]

The 2030 Agenda for Sustainable Development of the United Nations constitutes the most important and comprehensive global sustainable development agenda for the next decade. It is known for its far-reaching and ambitious vision with its 17 sustainable development goals (SDGs) and 169 targets that are listed as part of the so-called “universal policy agenda” (United Nations, 2015). In the 2015 Agenda, and especially in SDG 17, international trade is singled out as a key policy instrument to contribute to all other SDGs. The 2030 Agenda for Sustainable Development defines international trade as “an engine for inclusive economic growth and poverty reduction, [that] contributes to the promotion of sustainable development”. In order to become a ‘sustainable engine’ one approach that seems to be increasingly used is to internalize social, economic and environmental concerns in international trade. This report discusses in-depth the possibilities and limitations of voluntary sustainability standards to make international trade more sustainable, in particular with regards to developing countries development opportunities.
[2]

Publication Date: 
03/09/2021
UNCTAD [3]
Tags:
Sustainable Development [4], Trade [5], India [6], Global [7], Sustainable Development Goals (SDGs) [8]
Centre for Science and Environment
National Knowledge Commission Government of India

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Source URL: http://admin.indiaenvironmentportal.org.in/reports-documents/better-trade-sustainable-development-role-voluntary-sustainability-standards

Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/better-trade-sustainable-development-role-voluntary-sustainability-standards
[2] http://www.indiaenvironmentportal.org.in/files/file/better trade for sustainable development.pdf
[3] http://admin.indiaenvironmentportal.org.in/category/publisher/unctad
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/sustainable-development
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/trade
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/global
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/sustainable-development-goals-sdgs